MacDailyNews - Where Mac news comes first

 MacDailyNews Poll

Deal of the Day

5 Day Most Commented

Opinion Archive

Current Headlines

Latest Joy of Tech

  • Latest Joy of Tech!

MacNN

AppleInsider

Macworld UK

TUAW

MacRumors

Yahoo! Finance AAPL

iTunes Top 10 Albums

Mac OS X Downloads

Sat, Nov 21, 2009 - 08:44 AM EST  —  AAPL: 199.92 (-0.59, -0.29%)  |  NASDAQ: 2146.04 (-10.78, -0.5%)

BofA ups Apple Computer to ‘buy,’ expects ‘iPhone’ in 2007, shares rise in early trading
Monday, July 31, 2006 - 08:31 AM EST

Apple Computer shares are seeing the benefit of a broker upgrade in early trading today.

"Apple Computer, Inc. rose 2.5% to $67.20 on Inet after Banc of America Securities upgraded it to buy from neutral and raised its price target to $79 from $68, citing strong demand for MacBooks and iPod digital music players.
The broker told clients that depending on whether Apple can generate enough additional unit sales in the second half, it sees upside potential to earnings from iPods of 8 cents to 12 cents a share," Steve Goldstein and Tomi Kilgore report for MarketWatch. "Bank of America noted that it is not taking into account the impact of an Apple phone, which it expects to be introduced in 2007."

Full article here.

Send us links! Email: webmaster@macdailynews.com

Apple Store Advertisements
iPhone 3G S: From $199. Free shipping.
New 13-inch MacBook: From $999. Free shipping.
13-inch Macbook Pro: From $1199. Free shipping.
13-inch MacBook Air: From $1499. Free shipping.
15-inch Macbook Pro: From $1699. Free shipping.
17-inch MacBook Pro: From $2499. Free shipping.
New Mac mini: From $599. Free shipping.
New iMac 21.5-inch: From $1199. Free shipping.
New iMac 27-inch: From $1699. Free shipping.
Mac Pro: From $2499. Free shipping.
iPod touch: From $199. Free Shipping.
iPod nano: Now shoots video! From $149. Free shipping.
iPod shuffle: From $59. Free engraving. Free shipping.
Apple TV: From $229. Free shipping.

MacDailyNews on Twitter

MacDailyNews app for iPhone and iPod touch

Bookmark and Share

Always -- Free ground shipping with orders over $50 at the Apple Store.

Reader Feedback: = registered.
Unregistered users: Feedback from multiple usernames are subject to deletion. Off-topic and posts from suspected astroturfers will be removed.

Jul 31, 06 - 07:47 am Comment from: Stockman

Hm. What do ya' know?

Jul 31, 06 - 07:50 am Comment from: Jeff

Come on baby, rise up to the 80's once again.

Jul 31, 06 - 08:10 am Comment from: G-Spank

Just wait till Apple releases their iPhone. Oh boy!!!!

Jul 31, 06 - 08:13 am Comment from: Genius

"The broker told clients that depending on whether Apple can generate enough additional unit sales in the second half..."

No sh*t Sherlock.

Jul 31, 06 - 08:15 am Comment from: Dead Scotty

Well, laddy ... when Mister Jobs gets a hold of me transparent aluminum iPod casing and hyperflux integrated communicator bezel, that'll be all ye need fer the kinda growth yer seekin', Cap'n.

Jul 31, 06 - 09:46 am Comment from: Vinita Boy

I wonder when we'll hear another Sermon on the Mud from "Stock Boy" about AAPL going to $47.

Come on, SB, let's hear it!

By the way, re your recent comment about the PiperJ's $99 target price and the unannounced time frame for the recommendation . . .

Whether the $99 figure is 1, 2,3,4, or 5 years out that certainly jump-kicks the poop out of MonkeySoft's performance over the past five years, doesn't it? If you bought MS five years ago you've enjoyed a whopping 30+% decline in your investment.

OOOOOOOH! Thank you, sir, may I have another?

Please, and with all the kindness I can muster, keep shorting APPL, Stock Boy; you're just helping drive the price up when you and the other puerile WinFanBoys finally have to deliver the stock you don't own.

Jul 31, 06 - 09:56 am Comment from: Buckminster

Hey, if you've really got to short something in the market right now, try DELL! That's a rocket heading DOWN!

Jul 31, 06 - 10:08 am Comment from: LinuxGuy and Mac Prodigal Son

I'm waiting for mid October -- the next "guidance session" and quarterly report yak fest with Jobs and Wall Street. I'll bet Apple sells closer to two than one million Macs during this, the 4th quarter. Apple sold about 800,000 notebooks last quarter and MacBooks were only available for about half of that time. With this being the back to school quarter, I say Apple sandbagged the analysts in its guidance. The lid blows off in October. My $$$$ is riding on it.

Reader feedback page 1 of 1 pages:

Always -- Free ground shipping with orders over $50 at the Apple Store.

Add Your Feedback:

Register or Login

Name:

Email: (optional)

Emoticons | Allowed HTML Tags

Remember my info   Notify me of follow-up comments?

Please enter the "MDN Magic Word" you see in the image below: